Petrochemical Headlines
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Husky, CNOOC Sign 10-yr Gas Deal with Indonesian Fertiliser Firm
(Friday, May 22, 2015) Husky-CNOOC Madura Ltd (HCML) signed a 10-year 373 billion cubic feet (bcf) gas sales-purchase agreement with Indonesian fertiliser firm Petrokimia Gresik at an industry conference in Jakarta on Friday.

Global Bioenergies, Cristal Union Team Up for Bio-isobutene Plant
(Thursday, May 21, 2015) Chemical firm Global Bioenergies has formed a joint venture with sugar group Cristal Union to build France's first plant making isobutene from renewable sources, and plans a second in Germany, it said on Thursday.

UAE's Borouge Says Third Phase Expansion to Reach Full Capacity by 2016
(Wednesday, May 20, 2015) United Arab Emirates petrochemical firm Borouge said on Wednesday that the third phase of its expansion, which is set to raise its annual production capacity to 4.5 million tonnes of polyolefins, would be fully operational by 2016.

Polyurethane Foam Makers Pay $275.5 Mln to End Price-fixing Case
(Tuesday, May 19, 2015) Mohawk Industries Inc and five other companies have agreed to pay a combined $275.5 million to settle lawsuits accusing them of conspiring to fix prices of polyurethane foam.

Malaysia's Petronas Chemicals Says Sabah Urea Plant to Start Up Early 2016
(Tuesday, May 19, 2015) Malaysia's Petronas Chemicals Group, a division of the country's national oil company, is expecting to start up its Sabah Ammonia and Urea (SAMUR) project early next year, about six months behind schedule, a senior company official said on Tuesday.

Japan Refiners Target Power Business as Profits Evaporate
(Friday, May 15, 2015) Refiners are also shifting to petrochemical production.

Japan April Ethylene Output Rises 13.9 Pct Yr/yr
(Thursday, May 14, 2015) Japanese ethylene production in April rose 13.9 percent from the same month a year earlier to 573,000 tonnes, data released by the Ministry of Economy, Trade and Industry on Thursday showed.

Saudi Aramco-Dow JV Sadara Awards Jacobs EPCM Contract
(Tuesday, May 12, 2015) Jacobs Engineering Group Inc. announced Tuesday that it was awarded a four-year contract by Sadara Chemical Company (Sadara) for engineering, procurement and construction management (EPCM) services.

Pemex, Blackstone to Develop Water and Wastewater Infrastructure
(Tuesday, May 12, 2015) The partnership will invest in water and wastewater infrastructure for Pemex's upstream and downstream facilities.

Mexichem Starts Production at New India Plant
(Tuesday, May 12, 2015) Mexichem, S.A.B. de C.V. announced Tuesday that one of its subsidiaries, Dura-Line Corporation, has commenced production at a new plant in Hyderabad, India.

California May Require Warning Labels on Products Containing Chemical BPA
(Monday, May 11, 2015) Plastic drinking bottles, canned goods and other items containing the chemical bisphenol-A (BPA) distributed in California might soon be required to carry a label disclosing that the compound can cause reproductive harm to women.

Wison Achieves Milestone for Cracking Furnace in Saudi Arabia
(Monday, May 11, 2015) The project involved a new gas-based cracking furnace, extension of the pipe rack, a new decoking drum and its structure, a remote control room and an analysis house, as well as revamping of motor control cabinets in the substation.

Ineos Completes Purchase of Shale Gas Licenses from UK's IGas
(Thursday, May 07, 2015) Swiss chemicals group Ineos has completed a deal to operate a number of shale gas licences held by Britain's IGas, expanding the Swiss firm's presence in the British shale gas industry.

Asia Petchem Plants Could Substitute 200,000 T of LPG for Naphtha in June
(Thursday, May 07, 2015) Buyers in Asia's petrochemical sector are likely to start taking up liquefied petroleum gas again in June due to a sharp fall in prices for the fuel, after shunning LPG as a feedstock for several months in favor of naphtha.

Braskem Reconsiders U.S. Shale Gas Project, to Cut Costs
(Thursday, May 07, 2015) Brazil's Braskem SA, Latin America's largest petrochemical company, said on Thursday it was reconsidering a West Virginia shale gas project and planned to cut over $100 million in annual spending due to a drop in global oil prices.

Japan's Sumitomo Chem to Mothball Naphtha Cracker
(Thursday, May 07, 2015) Japan's Sumitomo Chemical Co said it would mothball the ageing 415,000-tonne per year naphtha cracker at its Chiba plant from May 11.

JX Delays Naphtha Cracker Restart Due to Extended Work
(Thursday, May 07, 2015) Japan's JX Nippon Oil & Energy said on Thursday the restart of its 443,000 tonnes per year naphtha cracker in Kawasaki has been delayed due to an extended repair work.

Japan's Mitsubishi Sets Dates for Cracker Turnaround
(Thursday, May 07, 2015) Japan's Mitsubishi Chemical Corp said on Thursday it would conduct scheduled maintenance on its 493,000 tonnes per year naphtha cracker at Mizushima plant from May 20 to June 26.

Dow Chemical to Cut 3% of Workforce Following Chlorine Deal
(Monday, May 04, 2015) Dow Chemical Co. plans to cut about 3 percent of its global workforce following the $5 billion deal it struck last month to separate its chlorine business.

BASF Says Low Oil Price to Symie Earnings Growth
(Thursday, April 30, 2015) Germany's BASF expects a slide in earnings at its Wintershall oil and gas unit brought on by lower oil prices to cancel out gains at its basic petrochemicals and crop protection businesses this year.




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